25 laiculate the net purchase is purchase return 3 10,000 and purchase return is 10,000. Maintain accounting omotion butho foll 3
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Answer:Credit sales refer to a sale in which the amount owed will be paid at a later date. In other words, credit sales are purchases made by customers who do not render payment in full, in cash, at the time of purchase. To learn more, check out CFI’s
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